OPEN-SOURCE SCRIPT
zigzag support&resistance levels [LM]
Atualizado
Hello Traders,
I would like to introduce you zigzag support&resistance levels. It is based on the ZigZag semafor script made by DevLucem so shout out to him
The Semafor is used to spot future multi-level Supports and Resistance zones.
It is also useful to spot HL or LL or HH or LH zones at different Depth settings.
The red zones are the extreme places where the market has a higher chance of reversing while the green zones have the lowest setting with lower chances of the market reversal
I have refactored script and extended it with the horizontals.
The lines can be extended like so if you want to see
The lines also can expire when the price will reach it you can change this in general settings:
Also you can use view from the original script with just label circles
Enjoy!
I would like to introduce you zigzag support&resistance levels. It is based on the ZigZag semafor script made by DevLucem so shout out to him
The Semafor is used to spot future multi-level Supports and Resistance zones.
It is also useful to spot HL or LL or HH or LH zones at different Depth settings.
The red zones are the extreme places where the market has a higher chance of reversing while the green zones have the lowest setting with lower chances of the market reversal
I have refactored script and extended it with the horizontals.
The lines can be extended like so if you want to see
The lines also can expire when the price will reach it you can change this in general settings:
Also you can use view from the original script with just label circles
Enjoy!
Notas de Lançamento
added alert on confirmation of new level, add it to your alarms and you will start getting alerts New level have been confirmed and details about which onesNotas de Lançamento
alert is now shown only for visible levelsNotas de Lançamento
fix of alert behaviorNotas de Lançamento
update to version 5Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
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